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February 16, 2021
Question

We spent money on a home study for adoption in 2020 but have not finalized an adoption. Can we claim the expense this year?

  • February 16, 2021
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1 reply

Employee
February 16, 2021

Not yet. If you started the adoption process in 2020, you can start taking the adoption credit in 2021.  Read here for more.

https://www.irs.gov/taxtopics/tc607